International Business Machines Corp.
Coupon p.a.: 10.75%Strike: 227.87 USDUSDLow StrikeMaturity: 07/06/2027
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USD Nominal
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USD Nominal
Spread
International Business Machines Corp.: 212.68 USD|Last Update:
Spread
International Business Machines Corp.: 212.68 USD|Last Update:
Coupon (Coupon p.a.) | 10.75% (10.75%) |
Next Coupon Payment | 5.37% (15/12/2026) |
Accrued Interest | 1.08% (10.75 USD) |
Yield Max | 26.06% |
Yield Max p.a. | 28.69% |
Distance to Strike | -7.15% |
Initial Reference Price | 284.84 USD |
Low Strike | 227.87 USD (80.00%) |
Ratio | 4.38847 |
Reverse convertibles are structured products that perform particularly well in sideways or slightly down markets. Due to the fixed coupon, a positive return can be achieved even in such markets. However, the upside potential is limited to the coupon.